Wyndham Hotels & Resorts, Inc. (NYSE:WH) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Wyndham Hotels & Resorts, Inc. (NYSE:WH) have been assigned a consensus rating of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $100.00.

Several equities analysts recently commented on the stock. Truist Financial upped their price target on shares of Wyndham Hotels & Resorts from $103.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, October 25th. StockNews.com raised shares of Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Barclays boosted their price target on Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. The Goldman Sachs Group assumed coverage on Wyndham Hotels & Resorts in a research note on Wednesday, September 18th. They set a “buy” rating and a $96.00 price objective on the stock. Finally, Stifel Nicolaus upped their target price on Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th.

Insider Activity

In related news, insider Monica Melancon sold 5,040 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $77.66, for a total transaction of $391,406.40. Following the sale, the insider now directly owns 10,606 shares of the company’s stock, valued at approximately $823,661.96. The trade was a 32.21 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Michele Allen sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $89.99, for a total transaction of $1,349,850.00. Following the completion of the sale, the chief financial officer now owns 10,056 shares in the company, valued at $904,939.44. This represents a 59.87 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 102,890 shares of company stock worth $9,273,255. Insiders own 2.79% of the company’s stock.

Institutional Investors Weigh In On Wyndham Hotels & Resorts

A number of institutional investors have recently added to or reduced their stakes in the business. Thrivent Financial for Lutherans increased its stake in shares of Wyndham Hotels & Resorts by 40.8% in the third quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock valued at $136,533,000 after buying an additional 506,593 shares during the period. Natixis Advisors LLC boosted its holdings in Wyndham Hotels & Resorts by 37.7% in the third quarter. Natixis Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,699,000 after acquiring an additional 9,463 shares during the last quarter. Impax Asset Management Group plc increased its position in Wyndham Hotels & Resorts by 35.0% during the 3rd quarter. Impax Asset Management Group plc now owns 135,000 shares of the company’s stock valued at $10,549,000 after purchasing an additional 35,000 shares during the period. Sequoia Financial Advisors LLC bought a new position in Wyndham Hotels & Resorts during the 3rd quarter worth approximately $680,000. Finally, Mutual of America Capital Management LLC lifted its position in shares of Wyndham Hotels & Resorts by 221.3% in the 3rd quarter. Mutual of America Capital Management LLC now owns 148,250 shares of the company’s stock worth $11,584,000 after purchasing an additional 102,115 shares during the period. 93.46% of the stock is owned by institutional investors.

Wyndham Hotels & Resorts Trading Up 0.6 %

WH stock opened at $98.18 on Monday. Wyndham Hotels & Resorts has a one year low of $67.67 and a one year high of $99.11. The stock has a market cap of $7.64 billion, a price-to-earnings ratio of 31.17, a price-to-earnings-growth ratio of 2.49 and a beta of 1.31. The company has a fifty day moving average price of $87.74 and a two-hundred day moving average price of $78.85. The company has a debt-to-equity ratio of 4.19, a current ratio of 0.97 and a quick ratio of 0.97.

Wyndham Hotels & Resorts (NYSE:WH) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.01. Wyndham Hotels & Resorts had a net margin of 18.29% and a return on equity of 51.79%. The firm had revenue of $396.00 million for the quarter, compared to analysts’ expectations of $408.32 million. During the same period in the prior year, the firm earned $1.31 EPS. The business’s revenue was down 1.5% on a year-over-year basis. Equities analysts anticipate that Wyndham Hotels & Resorts will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio is presently 48.25%.

Wyndham Hotels & Resorts Company Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.